Yes, recessions can impact the defense industry. Like any other industry, the defense industry is subject to economic forces and can be affected by a downturn in the economy. During a recession, governments may have less money to spend on defense, leading to reduced demand for defense products and services. This can have a negative impact on the defense industry and the … [Read more...] about Does recession impact defense industry?
News
Pentagon splits $9 billion cloud contract among Google, Amazon, Oracle and Microsoft
Pentagon splits $9 billion cloud contract among Google, Amazon, Oracle and Microsoft https://t.co/18pOgPKneT pic.twitter.com/KiwcnEnL6P— Reuters (@Reuters) December 8, 2022 … [Read more...] about Pentagon splits $9 billion cloud contract among Google, Amazon, Oracle and Microsoft
The U.S. Air Force unveiled the B-21 Raider Friday in Palmdale, California
The U.S. Air Force unveiled the B-21 Raider Friday in Palmdale, California. The sixth-generation bomber has never been seen in public prior to this. pic.twitter.com/6uDZh1ZIkO— Defense News (@defense_news) December 8, 2022 … [Read more...] about The U.S. Air Force unveiled the B-21 Raider Friday in Palmdale, California
Vietnam holds first international arms expo in Hanoi
Vietnam holds first international arms expo in Hanoi https://t.co/HyvLn91L0A pic.twitter.com/KihUXujpoI— Reuters (@Reuters) December 8, 2022 … [Read more...] about Vietnam holds first international arms expo in Hanoi
Poland to buy 2 Signal Intelligence (SIGINT) ships
Poland has decided to buy 2 Signal Intelligence (SIGINT) ships.The Swedish defense giant won the contract worth EUR 620 million and will deliver the ships by 2027The Polish Armed Forces continue their build-upIntel satellites will be bought from France in a few weeks🇵🇱🇸🇪 pic.twitter.com/lhSPeZ90f4— Visegrád 24 (@visegrad24) November 27, 2022 … [Read more...] about Poland to buy 2 Signal Intelligence (SIGINT) ships
Japan Maritime Self-Defense Force, Missile Defense Agency demonstrate new layered missile defense capability
Japan intercepts targets with Raytheon Missiles & Defense's SM-3® Block IB and SM-3 Block IIA OFF THE COAST OF KAUAI, Hawaii, Nov. 21, 2022 - During a demonstration here, Japan's Maritime Self-Defense Force successfully intercepted short and medium-range ballistic missile targets with SM-3® Block IB and SM-3 Block IIA interceptors. This is the first time a non-U.S. maritime … [Read more...] about Japan Maritime Self-Defense Force, Missile Defense Agency demonstrate new layered missile defense capability
South Korea Has Quietly Become One Of The World’s Biggest Weapons Suppliers
South Korea Has Quietly Become One Of The World’s Biggest Weapons Suppliers https://t.co/tcjtJwSmD4 pic.twitter.com/t1sxJYgKu0— Forbes (@Forbes) November 8, 2022 … [Read more...] about South Korea Has Quietly Become One Of The World’s Biggest Weapons Suppliers
BAE Systems Awarded £80 Million in Typhoon Avionics Support Contracts
Eurofighter avionics support contracts will help keep Typhoon aircraft mission ready ROCHESTER, England - BAE Systems will continue to service and support the Eurofighter Typhoon aircraft’s avionics for the platform’s founding nations’ air forces in Germany, Spain, the United Kingdom, and Italy, for the next five years. The agreements, worth £80 million, secure ongoing … [Read more...] about BAE Systems Awarded £80 Million in Typhoon Avionics Support Contracts
Elbit Systems Awarded a $65 Million Contract to Supply a Modernization Solution to a Latin American Army
HAIFA, Israel, Oct. 26, 2022 - Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract valued at approximately $65 million to supply a modernization solution to a Latin American Army. The contract will be executed over a period of two and a half years. Under the contract, Elbit Systems will supply the first fully … [Read more...] about Elbit Systems Awarded a $65 Million Contract to Supply a Modernization Solution to a Latin American Army
System High Awarded $150 Million Contract by the Missile Defense Agency to Support Integrated Missile Defense System-Related Programs
Chantilly, VA. (October 14, 2022) – System High Corporation announced that it has been awarded a $150 million cost-plus-fixed-fee level-of-effort contract from the Missile Defense Agency (MDA) to help ensure Missile Defense Systems (MDS) program protection, Security, and Counterintelligence, as well as security development, implementation, test and maintenance efforts of its … [Read more...] about System High Awarded $150 Million Contract by the Missile Defense Agency to Support Integrated Missile Defense System-Related Programs